USE OF "ONLINE ITR FORMS"

pramod kumar jampala (CA final student) (119 Points)

28 May 2010  

THIS IS FOR CREATING AWARENESS TO THE USER'S OF "ONLINE ITR FORMS"

WHILE CLICKING THE BUTTON "CALCULATE TAX" (available on the top right  in "Taxes paid and Verification" sheet),THE FORM ITSELF AUTOMATICALLY CALCULATING THE TAX. BUT THE PROBLEM ARISES IN THE CASE OF INTEREST(U/s 234 B & C), AS THE SOFTWARE IS CONSIDERING THE OLD SLAB OF ADVANCE TAX  i.e. Rs.5000/- AS AGAINST THE NEW SLAB OF Rs.10000/-..........., THIS ISSUE NEEDS RECTIFICATION FROM THE SIDE OF SOFTWARE DEVELOPERS FOR THE INCOME TAX DEPARTMENT AND TILL THAT TIME THE USERS NEED TO BE CAUTIOUS...

THANK YOU

Pramod Kumar Jampala